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Cognizant CTSH Current ratio

Current ratio at other companies

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International Business MachinesIBM
0.8×-0.2×
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1.2×0.0×
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AccentureACN
1.3×-0.1×
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TD SYNNEXSNX
1.2×-0.1×
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Fidelity National Information ServicesFIS
0.6×0.0×
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CienaCIEN
2.7×-0.7×

Other financials

Income statement

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Revenue$5.4B+5.8%
Gross profit$1.8B+3.3%
Operating income$843.0M-1.2%
Net income$662.0M-0.2%
EPS (diluted)$1.39+3.7%

Balance sheet

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Cash & equivalents$1.5B-24.0%
Total debt$1.1B-7.4%
Total equity$15.1B+1.1%
Total assets$20.5B+2.7%

Cash flow

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Operating cash flow$274.0M-31.5%
CapEx$76.0M-1.3%
Free cash flow$198.0M-38.7%

Valuation

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Market cap$23.09B-22.5%
Enterprise value$22.68B-21.9%
P/E10.4×-2.3×
P/S1.1×-0.4×

Profitability

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Gross margin33.5%-0.7pp
Operating margin15.8%+0.6pp
Net margin10.4%-1.3pp

Returns & leverage

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Return on equity14.9%-1.7pp
Debt / equity0.1×0.0×

Where this comes from

Calculated from Cognizant’s reported figures.

Based on the most recent quarter.

The official record: Cognizant’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Cognizant's current ratio?
Cognizant (CTSH) reported current ratio of 2.2× in Q1 2026.
How has Cognizant's current ratio changed year-over-year?
Cognizant's current ratio increased by 0.5% year-over-year, from 2.2× to 2.2×.
What is the long-term trend for Cognizant's current ratio?
Over 4 years (2021 to 2025), Cognizant's current ratio has grown at a 2.4% compound annual growth rate (CAGR), from 8.3× to 9.1×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.